Tantan, a Chinese dating application that was launched in India last year, says it is doubling its user base every three months in the country, as it plans to take on Tinder in one of the world’s largest online dating markets. Tantan,…

Vodafone Idea Limited (VIL) is believed to have finalised a new $700-800 million (Rs4,900 crore-5,600 crore) five-year technology outsourcing contract with IBM, a deal that is expected to contribute a major part to the Rs8,400 crore annual opex savings that…

Vodafone Idea is believed to have finalised a new $700-800 million (Rs4,900 crore-5,600 crore) five-year technology outsourcing contract with IBM, a deal that is expected to contribute a major part to the Rs8,400 crore annual opex savings that the telecom…

Bharti Airtel has temporarily extended its technology outsourcing contract with IBM till January end, and is in talks with the US firm for a new contract after that, which could be narrower in scope and lower in value, at $200-250…

Low-profile Indian tech company InMobi aims to take advantage of the headwinds facing Google and Facebook to grab a bigger share of the nearly $140 billion market for online advertising. The Bangalore-based company, which brings together advertisers and app developers,…

Mphasis is eyeing double-digit revenue contribution from companies in the portfolio of Blackstone, American private equity firm that owns a majority stake in the software services firm, up from around 5% at present, said its chief executive Nitin Rakesh. Historically, the IT and business…

Amazon is working with brands across sectors to enable them to build skills on its Alexa platform. From daily news updates to smart-home integrations, banking services, food ordering and cab hailing, Alexa has been equipped with skills as the service expands.…

Intel India saw profits grow 4.6% to Rs 379 crore and revenue by 23% to Rs 4,149 crore in fiscal 2018, according to the company's filings with the Registrar of Companies (RoC). The company has seen increased competition from peers such as…

The huge blow to British Prime Minister Theresa May’s Brexit deal in the House of Commons has further complicated an already-uncertain environment for Indian IT services firms. The UK is the second-largest market for the Indian IT industry after the US, and…

On Jan. 15, video streaming service, Netflix, made headlines as it increased its subscription cost by 13-18% across the US and Latin America. This is the biggest increase by the company since its inception 12 years ago and will impact 58 million American subscribers,…

DXC Technology’s decision to acquire niche engineering services firm Luxoft may be considered as a step towards eventually reducing its dependency on Mphasis, said analysts. DXC, an IT and digital services company, was formed in April 2017 after the merger of CSC and the…

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